Sunday, June 19, 2011

Do liberals still support Obama’s Keynesian Strategy on the Economy?

Since Obama took office, we have had a net DECREASE in jobs of approximately 2 million. In Dec of 2009, we peaked at a grand total of between 3.7 and 4.4 million net lost jobs, and have recovered roughly 1.7 million since then. Since we are in the hole for a grand total of just over 8 million jobs lost since Jan of 2008, it would take us about 7 years from Dec of 2009, so roughly 5.5 years from now, to get back to 2008 levels of employment. Now this is given that there is no decrease in the current pace of job growth. Is this the HOPE you voted for, and will vote for again in 2012?

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